The public debt of central government increased by 2.53 percent to Rs. 65.65 lakh crores in the July-September quarter compared to the previous quarter.

“Public debt of the Central Government (excepting liabilities under ‘Public Account’) has increased temporarily from Rs 65,65,652 crores to September 2017 at the end of June 2017 for Rs 64,03,138 crores,” July-September 2017 Quarterly report on public debt management said at the end of September 2017, 93% of federal debt was created in the internal loan, while 82.6% of public debt were salable securities.

Govts public debt rises by 2.53% in July sept q2

About 27.8 percent of the outstanding stock is the remaining maturity of five years till the finish of September 2017, which means that on average, 5.56 percent of outstanding shares in the next five years should be paid every year. “Thus, the rollover risk in the debt portfolio is decreasing,” the report said.

During the second quarter, the government has to pay Rs. 1.89 lakh crore rupees, Rs. 1.68 lakh crore in the first quarters of the rupee, Rs. 1.8 billion in the first half of 2017-18. In the first half of 2016-17, Rs 3.57 lakh crore or 61.68 percent of the budget estimate (BE) is equal to 56.8 percent of BE.

Liquidity in liquidity

During the quarter, the liquidity remained in the surplus in the economy, due to monetization, the situation of the government’s cash position during the second quarter of 2017-18 was emphasized to some extent and the Center had been advised by the Reserve Bank of India on WNDM Advances There was a need to take the support.

According to the report, through cash management guidelines, efforts were made to spend time according to receipt trends. “Based on the estimation of the prevailing and developed cash situation, the Reserve Bank of India, regarding open market operations, amounted to 600 billion rupees as the total amount of sale of government securities”.

According to the report, the yield of G-SEC shows the trend of falling till August 3, 2017, but after that, there was a growing trend.

“The commercial value of government securities during the second quarter of this financial year has increased by 10.20 percent compared to the previous quarter.”